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Webcast Alert: The Macerich Company Announces Its First Quarter 2003 Results Webcast

SANTA MONICA, Calif., May 12, 2003 /PRNewswire via COMTEX/ -- The Macerich Company (NYSE: MAC) announces the following Webcast:

What: The Macerich Company First Quarter 2003 Results Webcast

When: May 13, 2003 @ 12:30 PM Eastern

Where: http://www.vcall.com/EventPage.asp?ID=83698

the address above.

Contact: Georganne Palffy at 312-640-6768 or gpalffy@webershandwick.com

If you are unable to participate during the live webcast, the call will be available for replay at http://www.vcall.com/ClientPage.asp?ID=83698 or http://www.vcall.com/ .

The Macerich Company is a fully integrated self managed and self- administered real estate investment trust, which focuses on the acquisition, leasing, management and redevelopment of regional malls and community centers throughout the United States. The Company is the sole general partner and owns a 78% ownership interest in The Macerich Partnership, L.P. Macerich owns interests in 56 regional malls and 21 community centers, totaling approximately 58 million square feet.

SOURCE Macerich Company

CONTACT:
Georganne Palffy for Macerich Company,
+1-312-640-6768, or
gpalffy@webershandwick.com


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